Forum to strengthen Mumbai and Sydney as regional financial centres

How can Sydney and Mumbai connect and collaborate to ensure the finance industry can benefit from the cities' positions as key financial centres in the region?

This is the issue to be debated at a forum that will include senior executives of the four major Australian banks making up part of the New South Wales government's delegation to Mumbai. Speakers include the Premier of New South Wales, Mr Barry O'Farrell, and the President and Vice-Chancellor of the University of New South Wales, Professor Fred Hilmer.

Professor Alec Cameron, Dean of the Australian School of Business says "I am delighted to attend such a vital forum that will examine links between two of the most vibrant cities in the region. This is an important event which will provide a unique opportunity for the Indian finance community to discuss joint ventures and collaboration with the finance industry in Sydney."

The forum will discuss key global and regional financial issues which have emerged as part of the G20 Basel Committee, the BIS and the IMF, including systemic risk, liquidity risk, macroprudential policies, Basel III, credit rating agencies, and regional financial stability.

Professor Fariborz Moshirian, the Director of the Institute of Global Finance says "Delegates will hear a panel discussion on how Mumbai and Sydney can work together to enhance our cities' positions as key financial centres in the region. The launch will be attended by major business leaders from Australia." Fariborz Moshirian will discuss the Elements of the Global Regulatory Framework Proposed by the G20, the Basel Committee, and their Impact on the Finance Industry in India and Australia.

The forum has been organised to promote regional financial stability by the Institute of Global Finance, in collaboration with the Centre for Advanced Financial Research and Learning, the India Gandhi Institute of Development Research and the Indian Banks' Association. Amongst the Speakers are the CEO of Bank of Baroda, Mr Shri M D Mallya and the Former Deputy Governor of the Reserve Bank of India Mrs Usha Thorat.